Why Medtronic (MDT) Should Be Part of Your Dividend Stock Portfolio in 2025

Medtronic plc (NYSE:MDT) is included among the Best Stocks for a Dividend Stock Portfolio.

Why Medtronic (MDT) Should Be Part of Your Dividend Stock Portfolio in 2025

Medtronic plc (NYSE:MDT), one of the leading names in medical devices, has faced some challenges in recent years but has taken measures to address them, with a particular emphasis on strengthening profitability. In the past, the company considered spinning off certain divisions and ultimately decided to separate its diabetes care segment. This unit, being the only consumer-facing business and carrying thinner margins compared to other operations, is expected to support earnings improvement once separated.

At the same time, Medtronic plc (NYSE:MDT)’s core operations remain solid. As one of the largest medical device makers globally, it serves a wide range of therapeutic areas. Its ongoing efforts to develop and launch innovative products have helped drive steady revenue and profit growth.

In addition, Medtronic plc (NYSE:MDT) is a strong dividend company with 48 consecutive years of dividend growth under its belt. This means that the company is just 2 years away from becoming a Dividend King. The company offers a quarterly dividend of $0.71 per share and has a dividend yield of 2.98%, as of September 18.

While we acknowledge the potential of MDT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MDT and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.